2 comments

[ 3.3 ms ] story [ 17.8 ms ] thread
Look at the transactions, it was a loan contract and the funds were reverted to pay it back. End result was a net 0ish gain (minus gas fees). Someone either testing a contract or just flaunting.
It's a pump. They get headlines like this and then can sell other Cryptopunks for more.

Another common scam: create a new wallet, fill it using fiat, and then buy your own NFT with it.

Let's say you buy one NFT out of a set of 100 for $100k. Suddenly you've given your other 99 NFTs a valuation of $9.9M.